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Quantitative Risk Manager Jobs in Ontario (NOW HIRING)

Gardiner & Theobald

Experience in PMO within risk and control or project management with demonstrable experience in managing risk registers, facilitating risk workshops, supporting qualitative and quantitative risk ...

AECOM

Program Risk Manager

Mississauga, ON

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

AECOM is seeking a Program Risk Manager to join our team. This position is based on-site, out of ... Conducting project and program-level cost risk workshops/reviews and Quantitative Cost Risk ...

Ci

Quantitative Investment & Risk Analyst

Toronto, ON · On-site

  • Medical

  • Life

  • Retirement

  • PTO

This role sits at the intersection of investment analytics, quantitative/risk methodologies, and ... Partner with Portfolio Managers and investment stakeholders to translate analytical questions into ...

Mace

Risk Manager

Toronto, ON

Leads and directs the delivery of Quantitative Risk Analysis (cost and time). * Advises on the ... Provides line management to more junior risk managers and other Project/Programme staff as required.

Trillium Rail Partners

Risk Analyst

Mississauga, ON · On-site

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Trillium Rail Partners

Risk Analyst

Mississauga, ON

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Mace

Senior Risk Manager

Toronto, ON · Hybrid

Manages and directs Clients, consultants, contractors, project team on assigned commission(s) on ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

Td

Manager, Physical Risk Measurement (5278)

Toronto, ON · On-site

CA$96K - CA$136K/yr

Risk Management Pay Details: $96,900.00 - $136,800.00 CAD TD is committed to providing fair and ... Depth & Scope The Climate Risk Measurement team is seeking an experienced quantitative risk ...

Mace

Risk Analyst

Toronto, ON · On-site

You will lead on the cost management services including estimating, procurement and cost planning ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

Mace

Risk Analyst

Toronto, ON · On-site

You will lead on the cost management services including estimating, procurement and cost planning ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

AECOM

Risk Analyst - Airport

Mississauga, ON

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Familiarity and experience in the application of Quantitative Risk Analysis (QRA) techniques and tools. * Experience using Enterprise Risk Management tools, for example, Active Risk Manager (ARM)

MUFG

Model Risk Management Analyst, AVP

Toronto, ON · On-site

The AVP, Model Validation Quantitative Analyst within the Quantitative Risk Control (QRC) supports ... Responsibilities: Model Risk Management: * Developing, maintaining, and implementing the Bank ...

Arcadis

Risk Analyst

Toronto, ON · On-site

Advanced proficiency in risk management platforms and quantitative analysis tools including @RISK, Safran Risk, and Power BI, with the ability to interpret and communicate outputs such as ...

Alstom

Senior Risk Coordinator

Toronto, ON

CA$90K - CA$118K/yr

  • Medical

  • Life

  • Retirement

Performing integrated quantitative cost and schedule risk analyses using Risk Management software * Delivering clear, actionable risk reporting and dashboards to senior leadership and stakeholders

Alstom

Senior Risk Coordinator

Toronto, ON · On-site

CA$90K - CA$118K/yr

  • Medical

  • Life

  • Retirement

Performing integrated quantitative cost and schedule risk analyses using Risk Management software * Delivering clear, actionable risk reporting and dashboards to senior leadership and stakeholders

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All JobsQuantitative Risk JobsQuantitative Risk Manager JobsQuantitative Risk Manager Jobs in Ontario

Quantitative Risk Manager information

See Ontario salary details

$32K

$131.9K

$219K

How much do quantitative risk manager jobs pay per year?

As of Aug 17, 2026, the average yearly pay for quantitative risk manager in Ontario is $131,920.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,000.00 and $163,500.00 per year, depending on experience, location, and employer.

What is a quantitative risk manager?

A Quantitative Risk Manager is a professional who uses mathematical models, statistical analysis, and quantitative techniques to identify, measure, and manage financial risks within an organization. They often work in banks, investment firms, or insurance companies to analyze market, credit, and operational risks. Their responsibilities include developing risk models, monitoring risk exposures, and advising senior management on risk mitigation strategies. They play a key role in ensuring that organizations make informed decisions and comply with regulatory requirements.

How does a quantitative risk manager typically collaborate with other departments within a financial institution?

Quantitative Risk Managers work closely with teams such as trading, compliance, IT, and senior management to identify, measure, and mitigate financial risks. They often translate complex quantitative models into actionable insights for non-technical stakeholders and facilitate the integration of risk metrics into daily decision-making processes. Collaboration is essential for ensuring that risk assessments align with business objectives and regulatory requirements, often requiring regular cross-functional meetings and clear communication.

What are the key skills and qualifications needed to thrive as a quantitative risk manager, and why are they important?

To thrive as a Quantitative Risk Manager, you need strong analytical abilities, a deep understanding of statistics and financial mathematics, and typically an advanced degree in finance, mathematics, or a related field. Proficiency in programming languages like Python or R, experience with risk modeling software, and certifications such as FRM or CFA are highly valuable. Exceptional problem-solving, communication, and collaboration skills help you convey complex risk metrics to stakeholders and work effectively in cross-functional teams. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making in dynamic financial environments.

What is the difference between Quantitative Risk Manager vs Quantitative Analyst?

AspectQuantitative Risk ManagerQuantitative Analyst
Primary FocusAssessing and managing risk exposure across financial portfoliosDeveloping models and algorithms for investment strategies
Required CredentialsAdvanced degrees in finance, mathematics, or related fields; certifications like FRM or CFADegrees in finance, mathematics, or statistics; often pursuing CFA or similar
Work EnvironmentFinancial institutions, risk management departmentsInvestment firms, hedge funds, banks
Key SkillsRisk assessment, regulatory knowledge, quantitative modelingData analysis, programming, financial modeling

While both roles involve quantitative skills and financial knowledge, Quantitative Risk Managers focus on identifying and mitigating risks within organizations, whereas Quantitative Analysts primarily develop models to inform investment decisions. Understanding these differences helps professionals choose the right career path or job search focus.

What are popular job titles related to Quantitative Risk Manager jobs in Ontario?

For Quantitative Risk Manager jobs in Ontario, the most frequently searched job titles are:

What job categories do people searching Quantitative Risk Manager jobs in Ontario look for?

The top searched job categories for Quantitative Risk Manager jobs in Ontario are:

What cities in Ontario are hiring for Quantitative Risk Manager jobs?

Cities in Ontario with the most Quantitative Risk Manager job openings:

Quantitative Risk Manager jobs near you
Infographic showing various Quantitative Risk Manager job openings in Ontario as of August 2026, with employment types broken down into 80% Full Time, 19% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $131,920 per year, or $63.4 per hour.

Associate Risk Manager

Gardiner & Theobald

On-site

Full-time

Re-posted 10 days ago

Job description

At G&T people are central to our mission. Rewarding individuals based on their unique abilities, talent and hard work, we believe in the quality of experiences and investing in a collaborative culture where all can thrive. 
Our Major Projects & Infrastructure sector brings together a number of specialist experts to create a unique pool of talent. We support a diverse range of clients and sectors and the commonalities we find between major projects allow us to add value through cross fertilisation of ideas, sharing of best practice and drawing upon the extensive benchmarking data that underpins our advice.
Projects that we deliver are often large scale and complex with significant planning and development requirements. There is often a master planning element and major stakeholder liaison across a programme of projects. In this sector we work on major sites that have significantly different requirements, so bespoke solutions are developed for each project with flexibility built in.
 
Within our Major Projects & Infrastructure team we cover a diverse array of speciality areas including aviation, defence, electricity interconnectors, highways, infrastructure, master planning and regeneration, mineral extraction, ports, harbours and marine, rail, Carbon Net Zero, pharmaceuticals and life sciences, and manufacturing.
As an Associate Risk Manager your role will lead risk management activities at strategic, programme or project level across multiple clients. You will take ownership of key accounts and influence how we deliver excellence in commercial outcomes. You will mentor and guide more junior staff, drive internal initiatives and play an active role in building the team's profile, internally and externally. 
The key responsibilities of the role will include:  
 
Risk Management and Leadership:  
  • Develop, implement and manage appropriate risk management procedures and processes for clients
  • Liaise, engage and communicate with all relevant key stakeholders including senior level management in the risk management process
  • Lead and develop teams in best practices ensuring a pro-active risk management culture is established. This includes being a go-to contact for any risk related matters and actively promote the awareness, provide training and application of risk management across organisations (internally and externally) 
  • Present and lead confidently in front of client teams in workshops and meetings
  • Ensuring that high quality risk information is obtained and maintained in dedicated risk management platforms that meet audit and compliance requirements 
  • Work with project teams to produce QRAs (QCRA and QSRA) and use specialist software for QRA risk modelling and produce detailed report
  • Analyse large volumes of data to identify patterns, trends and potential risks and be able to escalate accordingly
  • Develop and produce relevant reporting of risk to stakeholders that supports key decision making
  • Regularly update client on risk status highlighting any issues that may impact cost or timelines.
  • Provide unique risk management insights across client projects including emerging risks
Team Leadership and Development
  • Mentor and develop Risk Analysts and Risk Managers - offering career guidance and feedback
  • Actively contribute to the upskilling of the team through knowledge sharing, provide training sessions and technical peer reviews 
  • Support resource planning and delivery oversight across multiple commissions
Business Development and Service Line Growth: 
  • Play a leading role in bids and proposals - shaping win themes, writing content and participating in presentations
  • Contribute to service development initiatives including best practice frameworks, templates, toolkits and delivery models
  • Represent the Risk Management service line at events, conferences or thought leadership forums
  • Bring external market insight and policy developments into project delivery and service improvement
The ideal Risk Manager for this role is someone with an in depth understanding of risk management and quantitative risk management and its place within the project structure. You will be a forward thinking induvial who drives collaboration and communication both inside and outside of the business. You will have experience in client management and have an appetite to keep learning and maintain your risk management skillset.

Skills, Experience & Personal Qualities
  • Degree qualified - preferably with a mathematics or construction related discipline 
  • Chartered or specialist risk qualification e.g. IRM Cert and membership to a risk professional body such as IRM, APM
  • Experience in PMO within risk and control or project management with demonstrable experience in managing risk registers, facilitating risk workshops, supporting qualitative and quantitative risk analysis, and reporting risk exposure across complex projects.
  • Experience working on large complex engineering project in a risk management role, ideally within the nuclear, energy or utility sectors.
  • Excellent understanding on the principles of schedule management, estimating and cost management
  • Excellent data analysis and technical skills and has extensive experience in using risk management software such as Safran, ARM, Acumen and producing QRAs (QCRA and QSRA)
  • Strong user of the Microsoft Office suite  
  • Previous experience within a consultancy environment desirable
  • Proven ability to build and manage client relationships at senior level
  • Evidence experiences in client presentation   
  • Ability to take initiative and pro-actively engage and lead teams
  • Experience in mentoring, supporting and developing junior colleagues
  • Strong written, verbal, listening and presentation skills and able to deliver high quality work in challenging timeframes  
  • Strategic thinker with a commercial mindset, pro-active approach and problem-solving skills
  • Excellent leadership skills with a collaborative approach and able to provide professional guidance, advise and training to others
  • Experience working in a client focused environment with a personal commitment to the 
    delivery of excellent client service  
  • Excellent Business Development skills
  • Demonstratable evidence of growing and establishing a network in the risk management industry
  • A keen interest and able to demonstrate an understanding of market issues, events and associated emerging risks and how they relate to projects  
  • Positive attitude with a willingness to get involved, and authentic in the workplace.   
Collaboration, innovation, and support are at the core of everything we do. As an Executive Cost Consultant,  you will be joining a diverse team led by one of G&T's equity partners and a board member. Our partner-led model allows us to adopt bespoke approaches both in the service we offer to clients and in the development opportunities we offer our people. Within your team you will be given clear direction and positive encouragement at every turn, whilst our commitment to your career development and lifelong learning programmes ensures you have the support, as well as the tools to thrive. 
 
Forward thinking and future focused, we champion social mobility, ethical governance, equality and diversity, creating an inclusive environment where everyone's unique talents and experiences are valued. Our ESG goals are at the forefront of our business plan, and we are proud to have created social value worth over 12m+ since 2021. Our initiatives include the G&T ESG Committee, dedicated to increasing opportunities and removing barriers for social mobility and equality within the firm, as well as our Next Gen programme which focuses on nurturing the next generation in the industry. Our commitment to realising a more sustainable future is witnessed not only through helping our clients meet their own next zero carbon aspirations but also by reaching our own, with an aim for our firm to be net zero by 2030. We are a business with purpose- to find out more about our ESG goals and how we are achieving them, click here.  
 

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